P4P has many definitions. As a result, P4P can mean different things to different people. At its core, P4P is a system of reimbursement that pays clinicians bonuses based on predetermined performance measures...
P4P is one of three increasingly common forms of performance-based incentives that are often used simultaneously...
P4P aims to improve the quality of care by incenting clinicians to focus on particular processes of care or to strive towards particular patient outcomes.